Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 31.874 | +0.0359 | pay 0.0359% / 8h | 2h 06m | $47K | $521K | 10x | Long OKX | |
| SHORT | 31.920 | +0.0010 | get 0.0010% / 8h | 2h 06m | $145K | $433K | 20x | Short MEXC |
Price gap+0.144%
Funding gap−0.0349% /8h
Funding costs $10 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0349% /8h now · paid −0.009% over the last 1 day (all we have)
Price−$2spread +0.144% now, avg +0.163% → −0.019% if it goes back
Costs−$3883.881% of $10k · taker + slippage, in and out
Result−$391−3.91%no points
The current funding rate is far below what this pair has been paying: over the last 1 day it paid −0.009% in total, about −0.0024%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.144%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hMURATA on 3 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size203.4 / 39.3 bpAt $10k entering OKX costs 203.4 bp, fee and slippage, 5.2× MEXC’s.
- Note: Margin at max leverage$1,000 + $500OKX 10x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$10.48Long OKX: 3 payments, −$10.78; short MEXC: 3 payments, +$0.30.
- Note: Gap at its usual level+0.144% vs +0.163%The price leg adds little either way.
- Watch: Long leg is thinner$47K vs $145K OIOKX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCOKX Yes · MEXC YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0024%/8h × 21 periods−$5.00
Price spread+0.144% → +0.163% (7d avg)−$1.88
Slippage, 4 orderslive order books−$374.15
Fee OKX bp × 2 orders−$10.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$395.04
Costs to cover3.881%Break-evennever at this rate
Slippage: OKX: live order book, 43 min ago; MEXC: live order book, 18 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX21.20203.4 bp−$203doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC10.9439.3 bp−$39169.9 bp−$1,699213.0 bp−$21.3Kdoesn’t fit
Closing costs about the same again.
Bitget